Well, I have to say I agree with Obama here. I'm all for millionaires and billionaires paying the same tax rate as the middle class. I'm also for the poor paying the same tax rate. This "progressive" tax rate, where the bottom wage earners pay no tax and the top wage earners pay the highest rate is completely unfair. A flat tax is a fair tax.
I'll bet that's not what Obama was getting at...
Agree. The ppl paying zerp percent need some skin in the game